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20100131
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, and the last three, social security, medicare and medicaid, those three make up about 59 percent of all federal spending each year. they wouldn't be touched by this freeze. it's just the 17 percent of the budget that's the government agencies and programs and departments. trace: molly henneberg, live for us on the north lawn of the white house, thank you. as always, we want to hear from you, log on to foxnews.com and on the home page you'll see our you decide questions of the day. one of the them asks if you think a partial spending freeze is a good idea. click on the question and see the answer choices and click one of them to register your vote. you can also see how other people are answering by clicking the view results tab. it's all right there on foxnews.com. >> also an foxnews.com right now, if you wanted to hear the rest of that press briefing with robert gibbs, that's also an foxnews.com. >>> meanwhile two strong aftershocks rocking port-au-prince haiti, today, our fox team on the ground tells us the tremors felt moderately strong, strong enough to give them a scare and those aftershock
the paperwork, and medicare and my insurance covered the cost. we can work directly with medicare or with your insurance company. we can even help with financing. if there's a way, we'll find it! so don't wait any longer, call the scooter store today. creation coming out of capitol hill, already there are reports of two different camps forming, those who want to use wall street bailout cash to boost main street and those who want to leave that wall street money alone. steve forbes is the editor in chief of forbes magazine and author of "how capitalism will save us", hi steve. >> good to you with -- good to be with you, thank you. alisyn: what do you want the president to say about job creation? >> he won't say it but i'd love to have him say we're going to have a strong and stable dollar, put in the flat tax rate but in terms of if he wants to have government programs, how about removing barriers to building nuclear power plants, removing barriers to offshore drilling, and doing more on shore drilling with natural gas, those create high paying jobs and will also help our energy situation. alis
. when democratic leaders told the cbo they would raise taxes and cut medicare the cbo said that course of action would reduce the deficit by $132 billion. critics, however, are extremely sceptical. >> there are a number of things that make that i am plausibl ma. if you take that out of the equation it goes from being a small deficit reducer to a deficit increaser. >> that's known as the doctor fix and that alone would put the bill in the red. trace: the so-called doctor fix is a long standing issue. why isn't it in the healthcare reform bill. >> several reasons. it costs too much. this is an effort to undo one of congress' previous effort to reduce medicare spending. they worry cutting payments to doctor who treat medicare patients will reduce their access to care, not to mention getting lawmakers thrown out of congress. it was in the house and senate bills. fixing it would cost $200 billion over 10 years so they took it out. they still plan to do it, but won't pay for it. >> eventually you will have to do something that's longer term and the question is how will that be financed or li
revenue to support thatd fund that. >> they cut $500 billion from medicare. they also need lots of new revenue. the house would raise it by imposing a 5.4% you are fax with those are gross income of $500,000 or more. the senate raises the biggest chunk of its revenues through a 40% tax on so-called cadillac plans. >> this is an obvious place to do it. it's the largest untaxed fringe benefit in the u.s. tax code. >> obama advisers say the benefits like the ones wall street bankers enjoy, but the vast majority are union members and state government employees. martha: what happens to these plans when you put a 40% tax on them. >> many of those plans will get too expensive and slowly disappear. but there is a bigger result, this will result in larger tax bills for middle class families. the reason is because if those union members lose healthcare benefits which are untaxable, the senate is assuming they will get wages to replace that which are taxable. the senate is counting on raising $160 billion in new taxes over 10 years, the majority of which would come from the middle class. listen t
, one is we can cut out the medicare wage, democrats have been for that, subsidies for people that aren't insured, and we can begin to get universal insurance, tax breaks for smaller businesses to incentivize them to cover their employees. i think that we also ought to possibly put on the table tort reform for punitive damages in particular, i think that will bring republicans along. trace: maybe those are all good points, juliane, you've done your research and home work and those are good points. the whole problem is getting that together and getting congress to agree on that takes time. we've spent a year. don't we need to focus on one thing, which is jobs, before we even mention health care again? >> yeah, i mean, i go back to your earlier point, it's well into the future before he mentioned the word jobs, and let's look at what the american people want. scott rasmussen came out with new numbers that said that 61 percent of the american people want the president to move off of health care and on to fixing this economy and really get people hired and getting the unemployment rate down
the costs of medicare and medicaid and it won't cost anybody anything. that's great politics. it's just not true. so there's got to be some test of realism in any of these proposals. mine incruded. -- included i've got to hold myself accountable and i guarantee the american people will hold me accountable if what i'm selling doesn't actually deliver. >> mr. president a point of clarification what's in the better solutions book are all the legislative proposals. >> i understand that. oifrp read your bill. >> that is president obama. he is meeting with house pbr -- republicans in baltimore answering questions everything from energy to healthcare. the president at times being a little bit combattive and supporting -- he did acknowledge a coup of mistakes along the way but much like he did in the "state of the union" has very much held firm to the beliefs in what his administration has done. i want to bring in the host of special report bret baier. he's with us now. he has watched along with us and the republicans before they went into this session bret said we don't want to be lech sured -
. they were so helpful and nice. they filed all the paperwork, and medicare and my insurance covered the cost. we can work directly with medicare or with your insurance company. we can even help with financing. if there's a way, we'll find it! so don't wait any longer, call the scooter store today. rick: well, as we've been telling you, police in los angeles are asking for the public's help in the attempt thed robbery of a convenience store. the gunman repeatedly asks the clerk to open up the register, and when he can't get it open, things get even more tense. take a look. >> open it right now! open it! open it! i'm going to pull the trigger. open it. >> [inaudible] >> open it! open it! >> [inaudible] >> i'm going to blow your [bleep] brains out. open it! open it now! open it! open it! >> [inaudible] >> open it, [bleep]. rick: well, that attempted robbery taking place at a 7-eleven in downtown los angeles. police say the suspect left without any cash, and witnesses saw him running away. along with someone who may have been an accomplice. lieutenant paul vernon is with the detective division,
are insured, and they have a growing population of the elderly, they don't like medicare messed with and when you combine things like the health care reform, and the stimulus bill, both things were not popular here and both things that were supported by the senator here, in north dakota, so, folks here sounds like in talking to people here, ready for some sort of change but don't feel like they were heard this past year. >> thank you so much. from bismarck, north dakota, this afternoon. >> we are now waiting remarks from president obama expecting him to talk about the report outlining the security failures that allowed a nigerian extremist to come close to blowing up an american-bound plane with 288 people on board. that, plus... american jobs heading south of the border. even when it comes to the all-american pastime of bowling. steve harrigan live in mexico city gets the story rolling. for us. next. more wings ! no way he'll be in first thing tomorrow. only alka-seltzer relieves your upset stomach, heartburn, indigestion and headache... so you're good to go in the morning. you're late. alka
plans and other initiatives that they are afraid are going to hurt medicare, hurt medicaid and things like that. so this is an unpopular piece of legislation. trace: i got to go, but i am amn very curious about these backroom deals. are all these backroom deals that were promised, are they all going to be uphill? >> that is a real concern for the senate. there are a lot of senators, guys like ben nelson from nebraska who would love to get a chance to get away. they are just looking for an excuse. if the deals go away their votes may go away. trace: from the "washington examiner." good to see you. thank you, sir. jamie: much more on the situation in haiti. what kind of force is capable of something like this? we are going to look back in history, and we are going to show you what it must've felt like to be there in haiti when a magnitude 7.0 quake hit. and if you want to help please visit the website on the screen for the international medical corps, imc worldwide dot ord or corps, imc worldwide dot ord or foxnews.com. upbeat rock ♪ singer:wanted to get myself a new cell phone ♪
and medicare and medicaid program. california provides 13% of the nation's gross domestic product and the recovery of the nation depend on california. trace: that is brand-new information at the bottom of the hour. martha: the world economy proving we are all connected. unemployment in the eur o-zone 10%. the highest rate since they began using the euro in 1999. amy has a report for us live from london. >>it is the same as the united states, but it's a euro record. this is as high as it's gotten. that impacts consume were spending. people are spending much less because of this situation. that threatens the economic recovery here as countries teeter on the edge of recession. there is growth in europe and recovery, but a lot of that has been because companies cut jobs, they cut costs and laid people off. the recently released november figures show the average unemployment at 10%. but they have a wide range of statistics. so you can see it's quite varied. but these figures don't tell the whole story. in spain, the under 25 is at a whopping 43.8%. france similarly as higher youth unem
't make some changes. here's the good news compared to medicare social security is actually in reasonably good shape and with some relatively small adjustments you can have that solvent for a long time. so social security is going to be there. i know a lot of people are concerned about it. social security we can fix. now, in terms of the cola. the formula cola stands for cost of living allowance. so it's put in place to make sure that social security is keeping up with inflation. here's the problem. this past year because of the severity of the recession. we haven't -- we didn't have inflation. we actually had deflation. so prices actually fell last year. as a consequence technically seniors were not eligible for a cost of living adjustment to have it go up because prices did not go up in the aggregate. that doesn't mean individual folk weren't being pinched by higher heating prices or what have you. but on average prices went down. here's what we did. working with these key members of congress here we did vote to provide a $250 one-time payment to seniors which when you factored it in am
. >> the amish have been exempt from social security and medicare taxes since 1965. alisyn? alisyn: molly does this mean other people can say they are con yens shously posed to this and opt-out as well? >> reporter: they may not want to opt-out for religious reasons they may not object to the amish being exempt but some civil libertarians want out because they don't like the mandate to have to buy health insurance. they say it is unconstitutional. listen to this. >> congress is trying to make a religious accommodation and the question is, well, if they can do it for religious objection well, i have a different type of objection to it. i think i'm being coerced into doing something against my will and so the challenge would be from a different perspective. >> reporter: shapiro is predicting many legal challenges if this health insurance mandate is part of any kind of final bill. whether or not the amish are exempt. alisyn? alisyn: molly henneberg live from amish country thank you. trace: america's biggest firms and banks on course for record payday handing out salaries and bonus even fatter tha
Search Results 0 to 11 of about 12